Edited by: Keri Stooksbury
& Kellie Jez
Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.
We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.
BMO Harris Bank is one of the oldest banks in the U.S., dating back to 1882 when it was known as N.W. Harris & Co.
Headquartered in Chicago, this major bank is a member of the Federal Reserve System and has branches in 9 U.S. states.
One lesser-known fact is that BMO Harris Bank is actually owned by the Bank of Montreal, a Canadian financial institution.
North America’s eighth-largest bank by assets also offers a suite of credit card products for consumers to choose from. Let’s take a look at the offerings and discuss whether they’re a good fit for your wallet.
BMO Harris Bank’s points program is referred to as BMO Harris Rewards. The points you earn and redeem are called BMO Harris Rewards points.
BMO Harris Bank uses Mastercard as its credit card payment network, and points do not expire as long as you have an active account in good standing and it has not been closed for any reason.
If your account has been closed for any reason, you have 90 days to redeem your BMO Harris Rewards points, at which point your rewards will all expire.
In total, BMO Harris Bank offers 4 major rewards credit cards that accrue BMO Harris Rewards points — 2 are consumer products, 1 is a business product, and 1 is a wealth management product.
In this next section, we’ll show you the pros and cons of each option.
BMO Harris Bank’s flagship credit card is the BMO Harris Bank Premium Rewards card, which offers the best rewards, benefits, and more.
To start, you’ll usually find a substantial welcome bonus as an introductory offer on the card. You’ll usually also enjoy a 0% introductory APR promotion on balance transfers (all balance transfers must be done within 90 days of account opening).
Beyond that, you’ll earn according to the following structure:
Plus, you’ll get a 15% bonus on points earned every anniversary year, which will give you a welcome boost each year you renew your card.
With this card, you’ll also enjoy a Priority Pass Select membership with 2 complimentary visits to participating lounges every year, access to exclusive experiences through Priceless Cities, and no foreign transaction fees.
Security features include theft protection identity monitoring and resolution services, zero liability protection, and more.
The annual fee is $79, which is waived the first year.
The BMO Harris Bank Platinum Rewards card is a step below the BMO Harris Bank Premium Rewards card, though it offers most of the same rewards and benefits — all without an annual fee.
First, you’ll still enjoy a solid welcome bonus, though it won’t be as high as the premium card’s bonus.
Additionally, you’ll earn according to this structure:
You’ll get a 10% points bonus every year on purchases made in the calendar year since your anniversary date.
This card offers access to Priceless Cities, all the standard Mastercard security features, roadside assistance, MasterRental car rental coverage, and extended warranty.
The BMO Harris Bank Platinum Rewards card has no annual fee.
As the only business credit card earning BMO Harris Rewards points, the BMO Harris Bank Business Platinum card allows you to get rewarded for your everyday business purchases.
Then, you’ll earn:
Other benefits include up to 20 additional employee cards for no added fee, discounts on QuickBooks and TurboTax, and Mastercard Easy Savings for gas, meals, office supplies, hotels, and more.
You’ll also get all of the standard Mastercard protections, extended warranty, rental car coverage, roadside assistance, travel assistance, Priceless Cities access, and more.
This card has no annual fee.
We included this last credit card product because it does earn BMO Harris Rewards points. However, the twist is you need at least CAD 1 million (just over $788,000) in investable assets to apply for this card.
You’ll enjoy an elevated welcome bonus, as well as a 0% introductory balance transfer offer.
Additionally, you’ll earn points according to the same rewards structure as the BMO Harris Bank Premium Rewards card, only without the quarterly earnings cap:
You’ll also earn a 20% anniversary points bonus every year at your anniversary.
This card offers a complimentary Priority Pass Select membership with 4 complimentary lounge visits per year, no foreign transaction fees, roadside service, rental car coverage, lost or damaged luggage insurance, and extended warranty.
The annual fee is $175, which is waived for the first year.
There is an abundance of ways you can use your BMO Harris Rewards points. Unfortunately, it’s impossible to tell in advance how much your points are worth without first having a credit card.
However, we called the issuer directly and discovered that your points are worth a flat 1 cent per point, regardless of how you redeem your points.
With your points, you can:
All you need to do is visit the BMO Harris Rewards website and log into your account. From time to time, you may get a bonus of 10% to 20% on your rewards redemptions, depending on how you’re redeeming these points.
Overall, the BMO Harris Rewards program isn’t terribly exciting.
There aren’t a whole lot of products offering BMO Harris Rewards points, and these products don’t offer state-of-the-art travel perks or rewards.
Additionally, the redemption options are exceedingly simple with no opportunity to make use of travel partners or the like.
The information regarding the BMO Harris Bank Premium Rewards Mastercard®, BMO Harris Bank Platinum Rewards Mastercard®, BMO Harris Bank Business Platinum Rewards Mastercard®, and BMO Wealth Management Premium Rewards Mastercard® was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
In the U.S., BMO Harris Rewards points are worth a flat 1 cent per point, regardless of how you redeem them. Whether you’re booking travel, buying gift cards, or earning statement credits, points are worth 1 cent each.
BMO Harris Rewards points are earned through credit card spending on any of BMO Harris Bank’s eligible credit cards. Furthermore, you can redeem your points once you’ve earned them in a variety of ways.
No, BMO Harris Rewards points do not expire as long as your account is open. If your account is closed for any reason, you have 90 days to use your points before they expire.
Was this page helpful?
Get the latest travel tips, crucial news, flight & hotel deal alerts...
Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.